Company Overview of Discovery Communications, LLC
Discovery Communications, LLC operates television broadcasting stations. The company was incorporated in 1991 and is based in Silver Spring, Maryland. Discovery Communications, LLC operates as a subsidiary of Discovery Communications Holding, LLC.
1 Discovery Place
Silver Spring, MD 20910
Founded in 1991
Key Executives for Discovery Communications, LLC
Chief Financial Officer and Senior Executive Vice President
CEO of Discovery Communications Holding LLC and President of Discovery Communications Holding LLC
Chief Development, Distribution & Legal Officer
Compensation as of Fiscal Year 2017.
Discovery Communications, LLC Key Developments
Discovery Communications LLC Prices $600 Million Debt Offering
Mar 15 17
Discovery Communications LLC priced its cash tender offer of up to $600 million of its 5.050% senior notes due 2020, along with its 5.625% senior notes due 2019. The 2020 notes have a yield of 1.655%, a total consideration of $1,082.84 and the accepted principal amount of about $511.1 million. The 2019 notes, having a yield of 1.372% and a total consideration of $1,085.78, have an accepted principal amount of about $88.9 million. The consideration for the notes is payable to holders of notes who validly tendered and did not validly withdraw their notes on March 13 and whose notes are accepted for purchase. The total consideration of the notes includes an early tender premium of $30 per $1,000 principal amount of notes validly tendered and not validly withdrawn by such holders and accepted for purchase. The settlement of the tender offer was conditional upon receipt of at least $650 million of gross cash proceeds from the issuance of senior notes in a registered public offering, which was satisfied March 13.
Liberty Global plc Renews Distribution Agreement with Discovery Communications
Aug 3 16
Liberty Global plc renewed its distribution agreement with Discovery Communications Inc. The deal secures continued access to Discovery Communications' portfolio of networks for Liberty Global customers across 12 European countries. Starting in 2018, the multiplatform deal also includes digital rights, allowing subscribers to access the programming on multiple screens via Liberty Global's broadband companies, including UPC, Virgin Media Inc., Ziggo N.V., Telenet and Unitymedia. Users will also be able to watch coverage of the Olympic Games. The 12 European countries are Austria, Belgium, Czech Republic, Germany, Hungary, Ireland, Poland, Romania, Netherlands, Slovakia, Switzerland and the U.K.
Discovery Communications, LLC and Discovery Communications, Inc. Enter into Amended and Restated Credit Agreement
Feb 5 16
On February 4, 2016, Discovery Communications, LLC (DCL), certain wholly-owned subsidiaries of DCL (each a Designated Borrower and, together with DCL, the Borrowers), Discovery Communications, Inc. (Discovery), as Facility Guarantor, the lenders from time to time party thereto (the Lenders) and Bank of America, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer (in its capacity as administrative agent, the Administrative Agent) entered into the Amended and Restated Credit Agreement, which amended and restated that certain Credit Agreement, dated as of June 20, 2014, among the Borrowers, Discovery, certain of the Lenders and the Administrative Agent.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|